Goldman Sachs on 8 July said the general government is likely to stick to the announced fiscal deficit target of 5.1% of GDP for FY25 (or even slightly lower) and announce further…
Author: John Davis
Bandhan Bank Appoints Ratan Kumar Kesh as Interim CEO
Present chief Chandra Shekhar Ghosh is set to retire on July 9 upon completion of his current tenure.
HDFC Bank’s Stock Dips on Soft Business Performance
Early on Friday, HDFC Bank saw its shares decline by more than 3% following a lackluster business update for the first quarter. The bank reported a decrease in both advances and deposits…
Student Loans Are a Burden for Banks, But It’s Not Unexpected
Student loans have become a significant challenge for Indian banks. While banks are eager to lend to students, they struggle to get the money back. According to recent data from the Reserve…
India’s External Debt Rises to $663.8 Billion in FY24, Up $39.7 Billion from Previous Year: RBI Data
India’s external debt surged to $663.8 billion in FY24, marking a $39.7 billion increase from the previous year, according to data from the Reserve Bank of India (RBI). Despite the rise in…
CDSL Shares Surge Over 10% in Early Trading: Here’s Why
Shares of Central Depository Services Limited (CDSL) rose over 10% in early trading on Friday after the company announced its board would meet on July 2 to discuss issuing bonus shares to…